How To Sell My Timeshare For More
What price should I ask for my timeshare week?
It may come as a surprise to you but your timeshare is only worth 30%-50% of what you paid when you bought it from a developer.
Regardless of what you were told during the presentation about how you were purchasing a special deal and it would rise in price it just isn't true. Skeptical? Go to Ebay and look at how many timeshares are selling for for very little.
Find out the approximate value of your timeshare.
1. Do a Google search for your timeshare by resort name and week you are selling. This should return a number of results from resale companies and other places where the timeshare is listed for sale.
2. Search Ebay and see if your week or a comparable unit is posted or has sold.
3. Call your resort and inquire if any resales have taken place for similar weeks
4. Check real estate records in the county where your resort is at
5. Do a Google search for your week by resort name and week you are wanting to sell. This should return a number of results from resale companies and other places where the timeshare is listed for sale.
Where Do You Advertise?
Go to www.tug2.net and www.redweek.com for places to advertise your week for sale or to see if someone has a similar week for sale.
There are websites that offer free timeshare listings. Search for "free timeshare listings".
Ask your resort to find out how others sell their week. Advertise on a bulletin board or in a newsletter at your home resort.
If you consider trying to sell your week on e-Bay be aware that there are so many weeks listed for almost nothing that it will probably cause the price of your week to be dragged down. Set a reserve for the least you are willing to sell for; if you don't have a reserve you may find someone buying the week for $1!
If the property is actively marketing and bringing in tours consider listing the week for sale in papers where the tours are generated from. For example, if you have a beach week for sale on Cape Cod place an ad in Boston and other areas where the tours come from. Consider listing in the local newspaper where the timeshare is located. Suppose a couple just took a timeshare tour and didn't buy a week they liked that was priced at $10,000. They go to lunch and see your ad in the local paper advertising the week they liked for $5,000.
This is a great tip. If you live within driving distance of your resort, take a day trip down in the week prior to and after your interval interval. Hang around the property and meet as many people as you can. You just may find someone that is looking for an adjacent week to theirs!
It may come as a surprise to you but your timeshare is only worth 30%-50% of what you paid when you bought it from a developer.
Regardless of what you were told during the presentation about how you were purchasing a special deal and it would rise in price it just isn't true. Skeptical? Go to Ebay and look at how many timeshares are selling for for very little.
Find out the approximate value of your timeshare.
1. Do a Google search for your timeshare by resort name and week you are selling. This should return a number of results from resale companies and other places where the timeshare is listed for sale.
2. Search Ebay and see if your week or a comparable unit is posted or has sold.
3. Call your resort and inquire if any resales have taken place for similar weeks
4. Check real estate records in the county where your resort is at
5. Do a Google search for your week by resort name and week you are wanting to sell. This should return a number of results from resale companies and other places where the timeshare is listed for sale.
Where Do You Advertise?
Go to www.tug2.net and www.redweek.com for places to advertise your week for sale or to see if someone has a similar week for sale.
There are websites that offer free timeshare listings. Search for "free timeshare listings".
Ask your resort to find out how others sell their week. Advertise on a bulletin board or in a newsletter at your home resort.
If you consider trying to sell your week on e-Bay be aware that there are so many weeks listed for almost nothing that it will probably cause the price of your week to be dragged down. Set a reserve for the least you are willing to sell for; if you don't have a reserve you may find someone buying the week for $1!
If the property is actively marketing and bringing in tours consider listing the week for sale in papers where the tours are generated from. For example, if you have a beach week for sale on Cape Cod place an ad in Boston and other areas where the tours come from. Consider listing in the local newspaper where the timeshare is located. Suppose a couple just took a timeshare tour and didn't buy a week they liked that was priced at $10,000. They go to lunch and see your ad in the local paper advertising the week they liked for $5,000.
This is a great tip. If you live within driving distance of your resort, take a day trip down in the week prior to and after your interval interval. Hang around the property and meet as many people as you can. You just may find someone that is looking for an adjacent week to theirs!
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